Engagement Models

Fixed Price

This model is usually used for small projects (up to one month) or in a project that has a very
detailed specification where all requirements are clear and all functions are present. In this
case we can exactly determine the duration and the budget and can guarantee its realisation.

A Fixed Price model is good for projects with well-defined requirements and
schedules. When your requirements are clearly specified and in sufficient detail, we will
estimate the project scope and complexity and provide a project delivery schedule along with
a fixed price for the complete software development.

When it is used

your requirements are clear and defined in details

requirements presuppose little or no flexibility

the projects are spread over a few days to a few months

you want to determine the exact budget in advance

you don’t want to have direct control over the resources

Estimated Cost determined after a detailed analysis of the project.

Time & Material

When the project scope, specification and implementation plans cannot be precisely defined at
the beginning or when requirements change dynamically during the project implementation process,
the Time & Material model is the one to choose. It provides flexibility of
being able to vary size and workload of the development team that has been assigned to your
project, whilst optimising time and costs.

Under the Time & Material option we provide skilled resources and development
effort is billed at the end of each month based on a pre-negotiated and mutually agreed hourly
rate. This engagement can last from a few months to several years. The total project cost is
determined by the amount of time and resources expended as well as the actual effort
contributed to the development.

When it is used

your requirements are not clear

you require a high degree of flexibility

you want tasks implemented on demand

Hourly Rate determined after a detailed analysis of the project.

Dedicated Team

The Dedicated Team model assumes your participation in the hiring of a
development team but without a need to worry about salaries, hardware, software licenses, and
other aspects of IT infrastructure management. You interview, select, and manage each and every
team member, and have full control over the team.

We take responsibility for all day-to-day operations such as bookkeeping and office management,
whilst providing you with full control over the processes, technological issues, hiring and
training of the employees. You can fully integrate dedicated teams into your organisational
culture. This is usually carried out through regular visits, activity reviews, co-branded office
facilities, etc.

The Dedicated Team model implies a contractual agreement between you and us
with a monthly service fee that is decided after a thorough analysis of your requirements.